BIRMINGHAM, Ala. (August 18, 2022) – Founders is pleased to announce that certain principals of Founders Advisors advised Flotech, Inc. (“Flotech” or the “Company”) in its sale to FloWorks International LLC (“FloWorks”), a specialty flow control distribution platform. The transaction closed on July 29, 2022. Founded in 1961, Flotech is a distributor and servicer of…
DALLAS, TX (May 19, 2021) – Founders Advisors is pleased to announce its client, Southwestern Petroleum Corporation (“SWEPCO”), has been acquired by DalFort Capital Partners (“DalFort”) through its affiliate, Key Polymer Holdings, LLC. SWEPCO is a leading manufacturer of high-performance industrial lubricants based out of Fort Worth, TX. SWEPCO offers a complete line of products…
BIRMINGHAM, AL – Founders is pleased to announce that Magnolia River International, Inc. (“Magnolia River”), a leading inspection, engineering and geographic information system (“GIS”) service provider, has been recapitalized by Warren Equity Partners (“WEP”), a Jacksonville Beach, FL based private equity firm. Magnolia River was advised on the transaction by principals of Founders Advisors. Headquartered…
BIRMINGHAM, AL – Founders Advisors (“Founders”) is pleased to announce that Lee Electrical Construction, LLC (formerly Lee Electrical Construction, Inc.), a provider of specialty construction services to investor-owned utilities, electric cooperatives, municipalities, and industrial companies, has been acquired by Quanta Services, Inc. (NYSE: PWR). The transaction was completed in August 2020. Lee Electrical Construction was…
BIRMINGHAM, Ala. (September 16, 2020) – Founders Advisors (“Founders”) is pleased to announce that certain principals of Founders Advisors advised Industry Services Company (“ISC”) in its recapitalization by Osceola Capital. Osceola Capital’s majority recap of Industry Services Company closed on August 14, 2020. Concurrent with the transaction, ISC has completed the acquisition of Guy Nielson…
In this edition of Founders’ Industrials Update, we examine different trends affecting the advanced materials sector, provide an overview of the various end market applications, consider evolving acquiror dynamics, profile key players in the industry, and note several large transactions in the advanced materials M&A landscape. Follow the link to read the newsletter – Founders’ Industrials Market…